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For years, Wells Fargo overcharged almost 11,000 investment advisory accounts about $27 million in fees, federal regulators alleged on Friday. Skip to content NOWCAST KOAT Action 7 News at 10pm ...
Wells Fargo currently pays as little as 0.02% in sweep accounts, according to its website, which notes that advisory accounts and nontaxable accounts may receive rates higher than the published rates.
Topline. Wells Fargo agreed to pay $145 million to end a Department of Labor investigation into alleged malpractice with employees’ 401(k) retirement accounts Monday, in the latest major penalty ...
Wells Fargo said Friday it will pay $480 million to settle a lawsuit filed by investors related to the bank’s 2016 sales scandal involving the opening of unauthorized accounts. The securities ...
Wells Fargo & Co. has agreed to pay a $35 million penalty to settle allegations that it overcharged more than 10,900 investment advisory accounts, the Securities and Exchange Commission said.
Regulators announced, Sept. 8, 2016, that Wells Fargo is being fined $185 million for illegally opening millions of unauthorized accounts for their customers in order to meet aggressive sales goals.
After the Wells Fargo banking scandal broke open last fall, the company drew a lot of criticism for where they placed the blame for the millions of fake accounts opened without customers ...
Wells Fargo will pay $480 million to put to rest claims that the bank misled shareholders about its fake-accounts scandal. Posted 2018-05-04T21:16:14+00:00 - Updated 2018-05-04T20:24:44+00:00 By ...